US almost equals 2016 level – China contracts slightly – Russia and Brazil show double-digit growth
The international automotive markets presented a varied picture in May. While passenger car sales in Europe continued to rise, the US almost equaled last year’s level and China recorded a slight fall. In contrast, Russia and Brazil both showed double-digit growth.
In Europe (EU28 + EFTA) new registrations of passenger cars rose last month to just over 1.4 million new vehicles (+8 percent). Out of the five largest individual markets, Germany recorded the greatest increase – of 13 percent. Keen growth was also seen in Spain (+11 percent), France (+9 percent) and Italy (+8 percent), but the British market lost around 9 percent.
Since January 2017, more than 6.9 million passenger cars have been newly registered on the European market. This represents a year-to-date rise of 5 percent.
The US market for light vehicles (passenger cars and light trucks) contracted slightly in May, losing 1 percent (1.5 million units). The existing trends in these segments continued: sales of light trucks increased by 6 percent, whereas sales of cars slumped by 10 percent. From January to May a total of 6.9 million light vehicles were sold in the US (-2 percent).
On the Chinese passenger car market 1.7 million new vehicles were sold in May, which was nearly 2 percent less than in the same month last year. By contrast, the market added around 3 percent in the first five months of 2017 and reached a volume of more than 9.1 million units. In the light of current market developments the VDA has revised its forecast for the Chinese market. Now growth of at least 2 percent (previously +5 percent) is predicted for the year 2017 as a whole, which equates to a volume of 24.1 million passenger cars.
The Indian new passenger car market expanded again last month. Sales totaled 251,600 units, resulting in a year-on-year rise of almost 9 percent. Year-to-date car sales have increased by more than 11 percent to 1.3 million units.
In Japan, new passenger car registrations showed double-digit growth in May for the third time in succession. They amounted to 312,400 units, which was a good 13 percent up on May 2016. So far this year, sales of new cars have added 9 percent to around 2 million.
The Russian light vehicle market expanded again – by 15 percent – last month, climbing to 125,000 units. The accumulated market volume for this year now stands at 577,400 units (+5 percent).
The light vehicle market in Brazil also showed more impressive growth in May: sales came to 190,400 new vehicles, which was a rise of 17 percent. From January to May, a total of 803,600 light vehicles were newly registered (+2 percent).
|May 2017||January - May 2017|
17/16 in %
17/16 in %
|European Union (EU-28)*||1.386.800||7,6||6.719.200||5,3|
|W. Europe (EU15+EFTA)||1.313.300||6,8||6.375.400||4,3|
|New EU Countries (EU13)*||119.900||17,3||545.100||15,9|
* without Malta